0 Johnston Rd, Zolfo Springs, FL, 33890 | $1,820,000
Under contract-accepting backup offers. This 213-acre property, located in Hardee County, just southeast of Zolfo Springs, offers a prime opportunity for agricultural investment with possible seller financing available. With a rich history of high production in early and Valencia varieties, the land is equipped with two 12" Cat diesel-powered wells that provide reliable water distribution through a micro sprinkler system featuring blue and green jets, delivering flow rates of 2, 700 and 2, 200 GPM for efficient low-volume irrigation. The property features excellent Smyrna, Myakka, and Immokalee soils, which are ideal for transitioning to row crops, nursery operations, or other agricultural uses, thanks to their superior drainage and fertility. Additionally, being located within an Opportunity Zone provides significant tax advantages for investors. With its strong history as a quality grove, this land is well-suited for conversion to other agricultural operations, making it a versatile and valuable investment.
Features
- Lot Size: 2788 x 4520 x 2836
- MLS#: P4929374
- Days on Market: 199 days
- Website: https://www.raveis.com
/prop/P4929374/0johnstonrd_zolfosprings_fl?source=qrflyer
Listing courtesy of CROSBY & ASSOCIATES, INC. Phone: 863-293-5600
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
0 Johnston Rd, Zolfo Springs, FL, 33890
$1,820,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,456,000 | $1,456,000 | $1,456,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,444 | $9,323 | $12,784 |
| Total Monthly Payment | $9,569 | $9,448 | $12,909 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388